COMMERCIAL REAL ESTATE FINANCE

Balance Sheet Lender

Grant Street Funding is a balance sheet lender focused exclusively on delivering differentiated five and ten-year fixed-rate loan products for borrowers seeking surety of execution and enhanced in-house servicing.

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COMMERCIAL REAL ESTATE FINANCE

In-House Servicing

Grant Street Funding provides life-of-loan servicing and asset management.

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COMMERCIAL REAL ESTATE FINANCE

Unique Fixed Rate Loans

Grant Street Funding’s differentiated loan product is attractively positioned for borrowers seeking bank/life co. flexibility and an asset management relationship with the desire for early rate-lock, pre-payment flexibility, non-recourse, and additional proceeds.

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COMMERCIAL REAL ESTATE FINANCE

Surety of Execution

Grant Street Funding performs significant due diligence in advance of issuing a term sheet. This upfront work provides the borrower with an industry-leading surety of execution.

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Grand Avenue

About Grant Street Funding

Grant Street Funding is a commercial real estate lender, investment manager and servicer. The executive team is led by industry leaders, with collective 100+ years’ experience, recognized for their complimentary skill set encompassing loan origination, capital markets, asset, business, and fund management.

Our Beginning

Grant Street Funding’s business was originally established within Oaktree Capital Management’s real estate debt strategies in 2016 and was spun out as an independent company in 2019. We partner with institutional shareholders providing for a stable balance sheet capital base.

Our Strategy

Grant Street Funding’s core business strategy is to develop long term relationships with brokers and sponsors providing them with surety of execution and an exceptional experience from loan review to loan closing to lifetime in-house servicing.

Our Product

Grant Street Funding’s differentiated loan product offers pre-payment flexibility, early rate lock and other features that are unavailable elsewhere. Matched with our in-house lifetime servicing and competitive pricing and terms, Grant Street Funding is positioned to deliver exceptional results.

Our Team

Grant Street Funding is led by industry leaders, with collective 100+ years’ experience, recognized for their complimentary skill set encompassing loan origination, capital markets, asset, business, and fund management.

SENIOR LEADERSHIP

Portrait of John Boyt

John Boyt

Co-founder & Managing Principal

Head of Originations, Credit, Asset Management

Portrait of Justin Short

Justin Short

Co-founder & Managing Principal

Capital Markets, Credit

Portrait of Jon Trauben

Jon Trauben

Managing Principal

Operations, Credit, Capital Partnerships

ADDITIONAL STAFF

Underwriting

Underwriting

Due Diligence

Due Diligence

Closing

Closing

Asset Management

Asset Management

ORIGINATION TEAM

Portrait of John Boyt

John Boyt

Co-founder & Managing Principal

Head of Originations, Credit, Asset Management

Portrait of Josh Green

Josh Greene

Managing Director

Senior Originator, West Region

Portrait of Adam Sturdevant

Adam Sturdevant

Managing Director

Senior Originator, South Region

John Jardine

John Jardine

Director

Senior Originator, Southeast Region

Brett Gaffan

Brett Gaffan

Senior Loan Originator

Senior Loan Originator, Northeast Region

SENIOR OPERATING TEAM

Portrait of Tricia Provost

Tricia Provost

Managing Director

Head of Underwriting

Portrait of John Kane

John Kane

Director

Capital Markets

Dean Goodboe

Dean Goodboe

Director

Asset Management

Portrait of Amy Wang

Amy Wang

Vice President

Senior Underwriter

Our Process

Based on decades of experience, GSF has defined an efficient process to review, quote, underwrite, fund, and asset manage loans for borrower.

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1

Deal flow / Pipeline Review

GSF sources lending opportunities from our strong relationships with leading brokers and strategic partners within our targeted markets. Loan opportunities are reviewed real time to deliver best-in-class responsiveness.

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2

Initial Screening / Soft Quote

The GSF originator, in coordination with our internal underwriting team and product and market specialist, will conduct the initial review of the loan and provide an indicative quote.

Paper forms with checkmark
3

GSF Approved Term Sheet

Issued term sheets have been fully reviewed and approved by the GSF investment committee.

Locked padlock
4

Rate Lock & Due Diligence

Rate lock available upon execution of the term sheet. Due diligence, which usually takes 30-45 days, is led by our in-house underwriting team.

Two hands shaking
5

Investment Committee & Closing

Upon satisfactory completion of due diligence, GSF’s investment committee reviews and approves the loan.

Money falling into hand
6

Funding

Upon all approvals GSF funds the loan.

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7

Asset Management

GSF provide in-house asset management services for the life-of-loan.

Our Loan Programs

Grant Street Funding offers a multitude of loan products to meet our borrower’s needs.

5 Year Terms

Loan Amounts

$7 million to $35 million

Asset Types

Office, Multifamily, Industrial, Self-Storage, Manufacture Housing, Retail, Hotel

LTV

Up to 75%

DSCR

1.20x for Multifamily; 1.25x for all other property types

Reserves

Creative leasing and capex structures

Prepayment

Min 3 Year Call Protection

Recourse

Non-recourse except for industry standard “bad boy” carve-outs.

Fees

Par

10 Year Terms

Loan Amounts

$10 million to $65 million

Asset Types

Office, Multifamily, Industrial, Self-Storage, Manufacture Housing, Retail, Hotel

LTV

Up to 75%

DSCR

1.20x for Multifamily; 1.25x for all other property types

Reserves

Creative leasing and capex structures

Prepayment

Fully Call Protected

Recourse

Non-recourse except for industry standard “bad boy” carve-outs.

Fees

Par

10+ Year Terms

Loan Amounts

$7 million to $50 million

Asset Types

Office, Multifamily, Industrial, Self-Storage, Manufacture Housing, Retail, Hotel

LTV

Up to 75%

DSCR

1.20x

Reserves

Creative leasing and capex structures

Prepayment

Flexible

Recourse

Non-recourse except for industry standard “bad boy” carve-outs.

Fees

Par

Featured Transactions

Grant Street Funding is an active lender on all property types.  Below are a listing of recent and notable transactions.

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Offices at Kimball Park

Grant Street Funding provided a five-year fixed rate loan for the refinance of Offices at Kimball Park. The property is approximately 113,000 sf.

Location

Southlake, TX

Type

Office

Amount

$26,500,000

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Alameda Industrial Portfolio

Grant Street Funding provided a five-year fixed rate loan for the refinance of Alameda Industrial Portfolio. The property recently underwent a major renovation.

Location

Alameda, CA

Type

Industrial

Amount

$28,000,000

Single story industrial looking building with tall windows

Brook Hollow Center

Grant Street Funding provided a five-year fixed rate loan for the refinance of Brook Hollow Center. The property is 100% leased.

Location

Norcross, GA

Type

Industrial

Amount

$20,700,000

Two story corner building with a large glass front

Beverly & Robertson

Grant Street Funding provided a five-year fixed rate loan for the acquisition of Beverly & Robertson. The property is 100% leased.

Location

West Hollywood, CA

Type

Retail

Amount

$12,600,000

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Block Y

Grant Street Funding provided a five-year fixed rate loan for the refinance of Block Y, a mixed-use property comprised of retail and parking. The property was recently renovated.

Location

Chicago, IL

Type

Mixed Use

Amount

$10,400,000

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Strauss on 5th

Grant Street Funding provided a five-year fixed rate loan for the refinance of Strauss on 5th. The property was recently constructed.

Location

San Diego, CA

Type

Multi-Family

Amount

$49,250,000